Lufthansa and Air China Sign Joint Ven­ture

Business Traveler (USA) - - UPFRONT -

The Lufthansa Group and Air China have signed a part­ner­ship agree­ment which will en­able the two avi­a­tion groups to jointly op­er­ate all con­nec­tions be­tween Europe and China as part of a com­mer­cial joint ven­ture. In ad­di­tion to Lufthansa and Air China, the agree­ment ex­tends to the Lufthansa sub­sidiaries Aus­trian Airlines and Swiss In­ter­na­tional Air Lines.

The joint ven­ture will sig­nif­i­cantly ex­pand code-shar­ing con­nec­tions and en­hance the com­mer­cial part­ner­ship be­tween the two car­ri­ers. The move comes as the two com­pa­nies im­ple­ment the mem­o­ran­dum of un­der­stand­ing signed in sum­mer 2014.

Lufthansa Group and Air China plan to co­or­di­nate flight timeta­bles, to of­fer com­mon fares and to mod­ify cor­po­rate pro­grams to im­prove the of­fer­ings avail­able to cor­po­rate cus­tomers.

The move is part of Lufthansa Group’s part­ner­ship-driven Asia strat­egy, fol­low­ing a joint ven­ture with Ja­panese car­rier All Nip­pon Airlines (ANA) and a joint ven­ture with Sin­ga­pore Airlines, which was signed in Novem­ber 2015.

The com­mer­cial joint ven­ture is sched­uled to com­mence at the start of the 2017 sum­mer flight timetable.

To learn more visit lufthansa.com or airchina.us.

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